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Denver home prices ’

A Realtor’s story about how he went from being a skeptic to a raving fan of blogging, online marketing and HomeGain’s AgentView program

I recently had the pleasure of interviewing Brian Kinkade of Cherry Creek Professionals Realty in Colorado to get his insight about the AgentView real estate marketing program and how it has increased his ability to connect with new clients and expand his business.

While we’re in an expected seasonally increased sales period, market activity for existing home sales for the Denver real estate market shows signs of continued strength. Sales volume on pending contracts and sold properties has trended up for several months now.In a recent national survey, Denver was nominated to be the top of 20 cities per the S&P/Case-Shiller® Home Price Indices and number one of the top housing markets on the rebound as announced on MSNBC Today.

Combined residential sales volume, for May, including single-family homes, townhomes, condos and lofts was 3,628 properties, up 7.02% % from April’s volume 3,390. Temper this with the fact that sales are still down 22.21% from May of 2008, per Metrolist Inc., Denver’s Multiple Listing Service.

There were 5,343 homes under contract last month. This includes 4,301 single-family homes and 1,042 condos and townhouses. This is an overall increase of 3.09% from April, but down 15.7% from year-prior last May. Single family homes contracts are up 3.56% while condo and townhomes are up 1.17%.

In May, the Denver MLS had 20,734 homes for sale, an increase of .14% from the prior month, down 21.26% from the same time last year. The average home sales price was $243,022, an increase of 4.09% from last months average price $233,482, down 5.05% from a year ago, $255,944. Continue reading this post

I started working with AgentView, formerly known as Source4Sellers, mid November 2006.Since then much has changed with my business model and with AgentView.

My business grew from a fledgling concept to a full team model. I had started the month before with HomeGain’s BuyerLink.The traffic from BuyerLink helped build my faith in Internet marketing and build my lead database.Even then, I knew that HomeGain was very interested in my success and building a true business partnership.

The AgentView product suite continues to develop and is now a full service ad-free solution which highlights and promotes the participating real estate agent.When I first started with the product, the Source4Sellers solution contained an agent profile and a full CRM with built-in email campaigns.Now AgentView is so very much more.Some of the features include:

Agent Profile

Homes For Sale

Home Values

Agent Centric Blog

Local Information

Home Seller Tools

Agent Profile

The AgentView blog offers so much opportunity to help promote the area real estate agent and my Denver real estate website in an ad-free environment. This page is about the agent and their credentials.The “Have a Real Estate Question for Brian?” is to the right of your contact information as a call to action.

The Denver real estate market of existing home sales for March 2009 shows signs of hope and strength for the year looking forward. While still not fairing as good as last year, the Denver Metro remains towards the top of many lists of desirable U.S. cities to live, work, and play in a number of recently published surveys.

Combined residential sales volume, including single-family homes, townhomes and condos, for March was 3,206 properties, up 29.07% from February.Temper this with the fact that sales are still down 13.56% from March of 2008, per Metrolist Inc., Denver’s Multiple Listing Service.

There were 4,826 homes under contract last month. This includes 3,907 single-family homes and 919 condos and townhouses. This is an overall increase of 15.37% from February, but down 17.84% from year-prior last March.

In March, the Denver MLS IDX held 20,628 homes for sale, an increase of 2.84% from the prior month, down 19.16% from the same time last year. The average home sales price was $232,395, an increase of 6.60%, down 8.51% from a year ago.Homes remained on the market 106 days on average in March which is down less than one% and down 4.37% from the year over year.

Breaking it down, single-family home sales were 2,590 last month, up nearly 29% from February and down 12.23% year-prior March. Houses sold for an average of $251,583 in March, a 6.19% increase from the prior month, but an 8.41% decrease over the previous year.Continue reading this post

The Denver real estate market remains a true buyers market. Fervor is supported by July’s housing inventory of 25,673 homes which dropped from 26,104 listings the prior month, according to numbers recently released by Metrolist, Inc.

The drop in inventory is affirmed by the 5.74% increase in homes sales during the month of July as compared to 2.87% a year ago. Residential property benefited the most with a sales increase of 7.98% in July over June and 6.54% as compared to the same month last year. Denver area condominiums and townhomes took it on the chin though with a dip of -2.91% and -10.36% respectively.

The average days on market has continually dropped during the course of the year with an YTD average of 104 days. Last month we observed a slight uptick to 98 as compared to 97 in June. Next months results will determine if we’re to continue the overall declining trend of days on market or take a turn to the upside.

Unfortunately, while sales increased, the average sales price took a turn for the worse with an overall dip of Continue reading this post

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